G’view to start stashing funds for East Fourth Street upgrade

GRANDVIEW – The city of Grandview would like to make improvements to East Fourth Street between Division and Elm streets. This past Tuesday, during a public hearing, Santos Trevino of the public works department told the members of the Transportation Benefit District that funds sought for that project have not been successfully secured, however.

Because grant funds were not awarded to the city, he said City Administrator Cus Arteaga would like the Transportation Benefit District to set aside $50,000 to be leveraged when seeking future grants.

City Treasurer Matt Cordray said the Transportation Benefit District’s ending fund balance for 2014 will be more than $76,000 if the $50,000 is set aside for the East Fourth Street improvements.

He said the project is expected to cost an estimated $400,000. City staff is suggesting funding be set aside for the next three years to reach the goal.

Additional funding for the project, said Cordray, would come from the water and sewer funds because a portion of the project would include water and sewer upgrades.

The city of Grandview has successfully been awarded grant and loan funding for a number of street projects the last couple of years. It is the hope that by setting aside funding for the East Fourth Street upgrade that the city will receive grant funding as it has for other projects.

The members of the Transportation Benefit District, by a 4-0 vote, approved the recommendation to set aside $50,000 in 2014 for the project.